Master of Real Estate Development

Master of Real Estate Development

Create the future of responsible development.

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Learn more about the Master of Real Estate Development and talk with a recruiting specialist by calling 520-621-9819 or completing this form:



The Master of Real Estate Development (MRED) program recruits students with great potential and prepares them to become responsible property investors and developers.

Earn the MRED in person or online. Full-time students can finish in three semesters, while working professionals have the opportunity to complete the degree at their own pace.

Our expert faculty will prepare you for a rewarding career in the real estate investment and development market.

Funding is available for qualified students.

What You'll Learn

In the Master of Real Estate Development, you’ll learn:

  • Principles of real estate, entitlement and construction
  • Advanced real estate investment analysis
  • Fundamentals of real estate finance, capital markets and land development 
  • Decision-making under risk and uncertainty
  • Placemaking for future markets and communities 
  • Advanced real estate finance, technologies and data sources
  • Foundations of urban economic principles 
  • Responsible property investment and sustainability 
  • Professional communication 
  • Professional practice ethics, policies and procedures

You’ll graduate ready to thrive as someone who can create and sustain multiple dimensions of value in one of the largest financial and asset markets in the world.

12 / 18

Earn your Master of Real Estate Development in as little as 12 months online, 18 months on campus


of Master of Real Estate Development graduates find employment in the field within a year of graduation


substantive areas of focus: Real Estate Development Analysis, Real Estate Development Finance and Real Estate Development Practice

Sonoran Pentapus


Main Campus

Deadline 1: January 16 (for full consideration of college/departmental financial support)
Deadline 2: February 19
Deadline 3: March 15*

After March 15, applications will be considered on a rolling basis depending on program capacity.

* To allow time for I-20 and visa processing, we recommend international applicants meet the March 15 deadline.

Arizona Online applicants can apply up to one month prior to the intended start semester (spring, summer or fall). Please refer to the UArizona academic calendar for semester dates.

* Domestic students may be considered up to one month prior to the start of fall semester if space allows.


Old Main


Per semester (7+ units)

$6,359 tuition + $4,450 program fees + $835.48 university fees

Per semester (7+ units)

$16,145 + $4,450 program fees + $835.48 university fees

Per unit

$850/unit + $228 fees for 9+ units

Tuition and fees subject to change.

Students in workspace


Full-time students earn the MRED in three semesters. Our flexible program allows working professionals to enroll part-time and earn the degree at a pace that works for them. Online students may earn the degree in as little as 12 months.

The MRED degree is comprised of three graduate certificates that may be earned individually or as one complete degree: Real Estate Development Analysis, Real Estate Development Finance and Real Estate Development Practice.



Our graduates have found professional success in a variety of firms and public and private organizations, including commercial real estate services and investment firms, commercial and residential developers, financial services companies, commercial property valuation and advisory services firms, aerospace and defense companies, investment and advisory firms and property management services companies.

MRED students in the Underwood Sonoran Garden

The CAPLA Student Experience

The Master of Real Estate Development is home to a diverse group of students, from recent graduates to experienced professionals, who join us from nearly every state in the nation and around the world.

You’ll have plenty of individual attention from faculty who are experts in the field, many of whom are practitioners themselves. The program has close ties to real estate industry leaders who share their expertise in the classroom as guest lecturers and through field trips and site visits.

Explore the Student Experience

Meet the Master of Real Estate Development Community

Program Partners

The MRED program is accepted by the Certified Commercial Investment Member (CCIM) Institute as one of its University Alliance program participants. The CCIM’s University Alliance program creates several advantages for students, including expediting how students earn CCIM designation after graduation.

Other program partners include:

  • Urban Land Institute (ULI)
  • Southern Arizona CCIM Chapter
  • Commercial Real Estate Women (CREW)
  • Pima County Real Estate Research Council (PCRERC)
  • Tucson Association of Realtors (TAR)

Our Master of Real Estate Development program unites world-renowned faculty, passionate students and experienced professionals who collaborate to address future development challenges and opportunities.

Lauri Macmillan Johnson, Director, School of Landscape Architecture and Planning

Ready to take the next step in your real estate development career?

Learn more about the Master of Real Estate Development by contacting us at or begin your application:

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